Marygold Companies to go private in agreement with Madison Dearborn Partners

Marygold Companies, a New York-listed firm, has agreed to a deal to transition into a privately held entity through a cash acquisition, according to a statement released on Friday. The agreement was struck with Madison Dearborn Partners, a Chicago-based private equity firm. USCF Investments, the sole shareholder of Marygold Companies, is set to become the privately held company as a result of this transaction.

USCF Investments manages the United States 12 Month Natural Gas Fund, LP, with the ticker symbol UNL. The fund currently trades at $5.86, slightly above its 52-week low of $5.71, and has declined 20.6% so far this year. The transaction is anticipated to finalize in the first half of 2027, contingent on customary closing conditions such as approval from Marygold Companies shareholders, regulatory clearances, and certain change-of-control approvals.

Once the deal is finalized, Marygold Companies will delist its common stock from the New York Stock Exchange. The leaders of both companies plan to implement a transformation strategy for USCF upon completion of the transaction. However, there is no assurance that the transaction will be finalized within the projected timeframe or at all.